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re: Victims of Allen Stanford may get some money back

Posted on 12/28/20 at 3:51 pm to
Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 12/28/20 at 3:51 pm to
quote:

According to the most recent figures from Ralph Janvey, the court-appointed receiver rounding up funds for the victims, about $500 million of the roughly $5 billion in investor losses had been recovered as of Oct. 31, 2018. Of that, a court has approved about $224 million in fees and expenses for Janvey and his team. That leaves about $275 million — or about 5 cents on the dollar — for the victims.


From a CNBC article last year...
Posted by dagrippa
Saigon
Member since Nov 2004
11303 posts
Posted on 12/28/20 at 3:57 pm to
Janvey making out like a bandit
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